relationship between competence and self-awareness explains a great deal of the overconfidence observed among economic agents. More … specifically, overconfidence is inversely proportional to competence. Through a series of experiments and analyses of field data …, the link between incompetence and overconfidence is confirmed and its implications for economic theory are explored. …

This discussion paper led to a publication in the <I>Journal of Risk and Insurance</I>. Vol. 72(1), pages 45-59.<P> We … take a dynamic perspective on insurance markets under adverseselection and study a generalized Rothschildand Stiglitz model … unconditional dynamiccontract has insurance companies offeringcontracts where the terms of the contract depend on time, but not …

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

The text refers to a specific field of the insurance market, which concerns export insurance by the state …-owned insurance corporation (EGAP). In this company, we can find some moral hazard and adverse selection due to almost 100% guarantees … to insured entities. The paper concerns the relationship between the insurance corporation and banks that grant loan to …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

We examine insurance markets with two types of customers: those who regret suboptimal decisions and those who don.t. In … positive correlation between the amount of insurance coverage and risk type, as in the standard economic models of adverse … selection, but there also exist separating equilibria that predict a negative correlation between the amount of insurance …

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

A central theme in the international debate on genetic testing concerns the extent to which insurance companies should … be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with …